What is Ubiquiti Networks' stock symbol?

Ubiquiti Networks trades on the NASDAQ under the ticker symbol "UBNT."

How will Ubiquiti Networks' stock buyback program work?

Ubiquiti Networks declared that its board has initiated a share repurchase program on Wednesday, September 20th 2017, which allows the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 2.5% of its shares through open market purchases. Shares buyback programs are often a sign that the company's management believes its stock is undervalued.

How were Ubiquiti Networks' earnings last quarter?

Ubiquiti Networks, Inc. (NASDAQ:UBNT) posted its earnings results on Thursday, August, 3rd. The company reported $0.75 EPS for the quarter, beating analysts' consensus estimates of $0.69 by $0.06. The firm earned $228.60 million during the quarter, compared to the consensus estimate of $219.14 million. Ubiquiti Networks had a return on equity of 45.87% and a net margin of 29.76%. The company's revenue was up 23.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.69 EPS. View Ubiquiti Networks' Earnings History.

When will Ubiquiti Networks make its next earnings announcement?

Where is Ubiquiti Networks' stock going? Where will Ubiquiti Networks' stock price be in 2017?

4 analysts have issued twelve-month target prices for Ubiquiti Networks' stock. Their forecasts range from $44.00 to $66.00. On average, they anticipate Ubiquiti Networks' stock price to reach $54.67 in the next year. View Analyst Ratings for Ubiquiti Networks.

Are investors shorting Ubiquiti Networks?

Ubiquiti Networks saw a drop in short interest during the month of August. As of August 15th, there was short interest totalling 6,842,154 shares, a drop of 14.7% from the July 31st total of 8,016,664 shares. Based on an average daily volume of 748,323 shares, the days-to-cover ratio is currently 9.1 days. Currently, 29.8% of the shares of the company are short sold.

MarketBeat's community ratings are surveys of what our community members think about Ubiquiti Networks and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.

MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.